|
|
House Prices Increase Worldwide, Bulgaria Reaches 31 percent
|
House prices recorded an average increase of 8.7% in late 2004/early 2005 worldwide, shows data of the International Real Estate Federation (FIABCI) and ResearchWorldwide.
According to the survey, which monitors 23 countries on a monthly basis, South Africa at 27.8%, Hong Kong 21.6%, Spain 17.2%, New Zealand 16.4% and France 16.0% top the house price annual percentage change list at present. China, Norway, United States, United Kingdom and Sweden complete the top 10 rankings.
Japan and Germany are at the bottom of the ranking with a registered drop in house prices.
For the sake of comparison, Bulgaria recorded an average increase of 31% for a 12-month period (Q4 2003 - Q4 2004).
Ignoring calls for "bursting bubbles" the man-in-the-street continues to demand residential property to buy not only in Bulgaria, says Deyan Kavrakov, President of FIABCI-Bulgaria and CEO of ADIS Ltd., Bulgaria's leading full service real estate company.
Investing in "bricks and mortar" continues to be more attractive than securities and bonds, he adds.
Experts define a deal as speculative when its return on investment outperforms those in mature markets (8-10%) and is at least 30-40 % and more.
There is no bubble on Bulgaria's property market, but due to its stage of development there may be inadequate prices in some segments, Kavrakov comments.
Prices are expected to slow down around 2007, followed by one year of "wait and see" and - as the experience of Central European countries shows - the market starts its own development, positive in most cases, according to him.
Kavrakov forecasts the price increase of residential property to be a double-digit figure in percentage in 2005, but considerably smaller than the previous year. |
|
all news >>
|
 |
|
 |
Bulgarian Properties |
Cheap Properties in Bulgaria >>
|
 |
Build your wonder - Bulgarian Property - Development Land near Ruse - RUS1958
Brief: Land for sale near Ruse
Area: 2970 sq.m.
Price: 35900 EUR
|
|
|
 |
Destination Bulgaria - My Bulgarian Property - RUS8322
Brief: Houses for sale near Ruse
Area: 100 sq.m.
Price: 44100 EUR
|
|
|
 |
What worths a million - land near the sea - Bulgarian Property near Cape Kaliakra - RUS1959
Brief: Land for sale near Balchik
Area: 25000 sq.m.
Price: 1000000 EUR
|
|
|
 |
Welcome to Stara Planina Mountain - My Bulgarian Property - RBP23
Brief: Houses for sale near Veliko Tarnovo
Area: 150 sq.m.
Price: 166000 EUR
|
|
|
 |
The outstanding rural holiday home Property in Bulgaria - RUS1584
Brief: Houses for sale near Ruse
Area: 200 sq.m.
Price: 165000 EUR
|
|
|
 |
Bulgarian Property - Stop dreaming ! It's real ! - RUS1256
Brief: Houses for sale near Ruse
Area: 40 sq.m.
Price: 14300 EUR
|
|
|
 |
The house of the rising sun - House in Bulgaria - LOV1201
Brief: Houses for sale near Lovech
Area: 80 sq.m.
Price: 18700 EUR
|
|
|
 |
Time for a new home? - Bulgarian Property - RUS1523
Brief: Houses for sale near Ruse
Area: 145 sq.m.
Price: 11900 EUR
|
|
|
 |
Bulgarian Property - Live your dream near the BLACK SEA RUS1566
Brief: Houses for sale near Balchik
Area: 120 sq.m.
Price: 65000 EUR
|
|
|
 |
The TRIUMPH of Bulgarian Black Sea Coast - 1 bedroom, 2 bedroom apartments and studios for sale near Sunny Beach
Brief: 2-bedroom apartments for sale in Sveti Vlas
Area: 60 sq.m.
Price: 1220 EUR
|
|
|
 |
How deep is your love for nature? RUS 1518
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 12900 EUR
|
|
|
 |
Great deal for a home near the Black Sea - VUS1204
Brief: Houses for sale near Varna
Area: 80 sq.m.
Price: 15500 EUR
|
|
|
 |
Smart investment granted - RUS1407
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 16400 EUR
|
|
|
 |
The happines smiles to you - RUS1253
Brief: Houses for sale near Ruse
Area: 80 sq.m.
Price: 6300 EUR
|
|
More Properties in Bulgaria >>
|
|
|
 |
|
|
|
| PROPERTY SERVICES |
|
|
|
|
|
| MORE SERVICES |
|
|
|
